681 Main Street

$ 699,900 | 5 Beds | 1 Baths | 1,616  Sq.Ft.
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681 Main Street

MLS #10338091

Property Description

Own a unique property package on bustling Main Street. This property is perfectly positioned for both immediate use and future development. This rare offering combines both commercial and residential components on a single lot, making it an ideal investment for savvy buyers. The property features a charming 480 sq ft storefront commercial building that has recently been completely built out for a showroom and can be effortlessly converted into storefront. Perfect for a variety of business ventures, alongside a 5-bedroom, 2-bathroom home spanning 1,700 sq ft. The residence is conveniently located directly behind the commercial space, providing privacy and easy access via a rear alley, complete with a separate garage for added convenience and storage. Zoned C5, this lot offers incredible flexibility for development, allowing for 100% lot coverage and no setbacks. This means you can maximize your investment potential with ease. The zoning permits construction of approximately 8 stories or up to 36.6 meters in height, making it an exceptional opportunity for developers eager to capitalize on the increasing demand for both residential and commercial spaces in this vibrant area. Whether you’re looking to hold the property for future appreciation or develop it into something spectacular today, contact the listing rep to learn more about this opportunity. (id:47466)

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Price:$699,900
MLS® Number:10338091
Full Address:681 Main Street, Penticton, British Columbia, V2A5C9
Built In:1917
List Date:March 7th, 2025
Lot Size:0.1.00010 ac|under 1 acre

Property Specifications

Bedrooms:5
Bathrooms:1

Interior Features

Storeys:2
Ownership Type:Freehold
Utility Sewer:Municipal sewage system
Water Service:Municipal water
Total Finished Area:1616 sqft
Roof:Metal
Zoning:Unknown
Exterior:Stucco

Building Features

Square Footage:1616 sqft

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Agent: Nicalette McCrae | Office: Royal Lepage Locations West
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